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Real Estate Forum on Buying Properties In Pimple Saudagar

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Q: How is the locality of Pimple Nilakh in terms of price appreciation, connectivity, and basic infra?
Latest Answer: As far as locality is concerned, Pimple Nilakh is one of the finest real estate destination in Pune city. It is situated in the western parts of Pune and comes under the jurisdiction of Pimpri-Chinchwad Municipal Corporation. It is a fast growing residential and commercial hub, located close to the Mumbai-Pune Expressway and is well-connected to the IT Parks of Aundh and Baner. It is located at a distance of 11.8 km from Pune. This locality has experienced sharp increased in property rates due to dominant IT culture in the western region. This locality is seeing high demand for residential properties in Pimple Nilakh both from end users and investors.
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Q: This project is not approved/sanctioned by HDFC bank. So please let me know if B wing of this project of 6 floor is legal or not.
Latest Answer: Hi Bhushan, I have talked with the builder and its representative as well they told me that they have got approvals from HDFC, Axis and ICICI for housing loan. Better, you should visit the office and check the paper. If it is not possible then check with the HDFC Bank. For 6th floor approval, only local body will give you the right information. If you ask the builder & their representative, they will say yes, because they have to sell their units.
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